Riot Platforms has used a portion of its Bitcoin treasury to secure a $100 million loan from Coinbase's lending arm.

Bitcoin miner Riot Platforms Inc. said it has entered into a $100 million credit facility with a subsidiary of Coinbase ...

Riot Platforms has secured a $100 million bitcoin-backed loan from Coinbase Credit, accessing non-dilutive capital to fund ...

Shares of Riot Platforms and Coinbase Global rose during Wednesday's trading after Riot announced that it entered into a $100 million credit facility with Coinbase.